Futu News, April 9 news, Credit Suisse issued a report that bilibili (09626.HK) share price has been accumulated from a high of 27%, that or buying time, the first bilibili Hong Kong stocks outperform the market rating and target price of HK $1088, as its valuation extends to 2023.

The bank also upgraded bilibili's investment rating on US stocks to outperform the market from neutral and lowered its target price from $150to $140.

The bank pointed out that in the face of fierce competition, bilibili's user growth is still the fastest in the industry. The current penetration rate of Z-generation users is less than 50%, and there is room for improvement in the future. At the same time, the company has plans to launch more different types of content, which is expected to enhance user loyalty, coupled with the growth of advertising business and the potential opportunity to be included in the index, so it is optimistic about the long-term development prospects.

Bilibili's Hong Kong shares fell 0.47% today to HK $851, with a latest market capitalization of HK $323.9 billion.